Toc Different Conventional Approaches Q34261777

How is the TOC different from conventional approaches?

Expert Answer

Theory of constraints is a management approach whichfocuses on singling out that one key constraint or bottleneck whichin turn is affecting the efficiency of the whole system. Bydefinition only a “constraint” can be any limiting factorrestricting someone from achieving their goal. In businessmanagement, it ca be any function or factory which poses as abottleneck limiting the organizational profits. This works on theage old axiom that the chain is as strong as its weakest link. Itprovides an alternative view on the individual functions ordepartments, where-in just because one function is performing atspeed